Every great idea deserves a great analogy. With all the recent energy in stablecoins, I’ve been testing ways to describe why it's a game changer in global payments. When explaining Parallax (withparallax.com), I talk about how stablecoins fit into the larger cross border payments evolution: - Cross Border Payments 1.0 with Banks and SWIFT is like sending a package overseas using a traditional postal service. - Cross Border Payments 2.0 with Fintechs & Netting is a clever new delivery service via your travel-loving friends. - Cross Border Payments 3.0 with Stablecoins is a teleportation service. Stablecoin payments are the new wave of global money movement and so many awesome companies are already pushing the fold, like Bridge (now w/ Stripe!), Acctual, Artoh, Portal, zulu, Conduit, Mural Pay, Coinflow Labs, Sphere, TransFi, Walapay, Dakota, Nilos! Glad to be partners & friends with many of the founders of these companies. I’ve repeated this spiel so often that it was time to put it in writing and, of course, add an analogy to boot. My goal is to share the big why behind stablecoin payments in simple ways and push the space forward. We all win this way. Link to the article in the comments! Hope it helps. View original post on LinkedIn.